Report crowns Solana for using least energy per transaction, but there's a catch

), one of the most active proof-of-stake blockchains, appears to be the PoS protocol consuming the lowest amount of electricity per transaction, according to a new report.

on Wednesday a new report calculating the electricity consumption and carbon footprint of major PoS blockchains. According to the CCRI’s findings, the Solana blockchain consumed 0.166 watt-hours of electricity per transaction within the study, becoming the most energy-efficient PoS protocol in terms of energy used per transaction among the six analyzed networks.

"The hardware, itself, requires electricity just to be powered on, the same applies also for running the software without any transactions being executed. If the number of transactions now increases, also the electricity consumption does, but the share for a single transaction decreases. Therefore, we expect this to be the case for every blockchain in our study," CCRI CEO told Cointelegraph.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hacker Steals $320 Million From Solana, Ethereum Bridge Wormhole⬇ -10 Hacker Steals $250 Million From Solana, Ethereum Bridge Wormhole $ETH ethereum altcoin cryptocurrency
Source: CryptoPanicCom - 🏆 563. / 51 Read more »

Solana Pay Launches Into Crowded Digital Payments SpaceSolana has launched a Solana Pay service as it tries to compete with the big boys in the realm of payment apps, but is the network up to the task?
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Solana Woes Worsen in $320 Million (120K wETH) Wormhole Bridge HackA bridge between Solana and Ethereum has been exploited for millions in the latest setback for the enterprise blockchain network.
Source: Crypto_Potato - 🏆 568. / 51 Read more »